Iowa Admin. Code r. 261-36.6

Current through Register Vol. 47, No. 11, December 11, 2024
Rule 261-36.6 - Annual fee

The lender shall pay an annual loan guarantee fee not to exceed 2 percent of the loan amount for the duration of the loan guarantee. The fee applicable to each approved loan guarantee will be established by the program agreement executed pursuant to rule 261-36.7 (15).

Iowa Admin. Code r. 261-36.6

Adopted by IAB January 12, 2022/Volume XLIV, Number 14, effective 12/17/2021